How to Generate Synthetic Data: A Comprehensive Guide Using Bayesian Sampling and Univariate Distributions

Data makes the engine run in many organisations. But what if the number of observations is too low or there is only expert knowledge? I will demonstrate how to generate synthetic data with applications in predictive maintenance. The post How to Generate Synthetic Data: A Comprehensive Guide Using Bayesian Sampling and Univariate Distributions appeared first on Towards Data Science.

May 27, 2025 - 01:10
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How to Generate Synthetic Data: A Comprehensive Guide Using Bayesian Sampling and Univariate Distributions

Data makes the engine run in many organisations. But what if the number of observations is too low or there is only expert knowledge? I will demonstrate how to generate synthetic data with applications in predictive maintenance.

The post How to Generate Synthetic Data: A Comprehensive Guide Using Bayesian Sampling and Univariate Distributions appeared first on Towards Data Science.